Important Information for Micron Technology, Inc. (MU) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
NEW YORK, Feb. 28, 2025
Rosen Law Firm, a global investor rights law firm, reminds investors that a class action lawsuit has been filed against Micron Technology, Inc. (MU) on behalf of purchasers of the company’s common stock during the period between September 28, 2023, and December 18, 2024, both dates inclusive (the “Class Period”).
According to the lawsuit, Micron Technology, Inc. may have violated the Securities Exchange Act of 1934 by making materially false and misleading statements and failing to disclose material information to investors.
What Does This Mean for Micron Technology, Inc. Investors?
If you purchased Micron common stock during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The lead plaintiff deadline is March 10, 2025.
The lead plaintiff is the representative party in the class action lawsuit. The lead plaintiff’s selection is not determinative of the merits of the case. Ten Cents A Share, LLC, a Micron Technology, Inc. investor, filed the lawsuit and has applied to serve as the lead plaintiff. If you wish to serve as lead plaintiff, you must move the Court no later than March 10, 2025. To be eligible for compensation, you must have purchased Micron common stock during the Class Period.
What Does This Mean for the World?
The filing of a class action lawsuit against Micron Technology, Inc. is not an uncommon occurrence in the business world. However, it is important to note that the allegations in the lawsuit have not been proven in court.
The lawsuit could potentially impact Micron Technology, Inc.’s reputation and investor confidence. It could also result in increased scrutiny of the company’s business practices and financial reporting. The outcome of the lawsuit could have implications for the broader technology industry and investor confidence in technology stocks.
Conclusion
If you purchased Micron Technology, Inc. common stock during the Class Period and believe that you may be entitled to compensation, you may wish to contact Rosen Law Firm to discuss your potential legal options. It is important to note that there are strict deadlines for filing a lead plaintiff motion.
The outcome of this lawsuit could have significant implications for Micron Technology, Inc. and the technology industry as a whole. Investors are encouraged to monitor the situation closely and stay informed about any developments.
- Rosen Law Firm announces class action lawsuit against Micron Technology, Inc.
- Class Period: September 28, 2023, to December 18, 2024.
- Lead plaintiff deadline: March 10, 2025.
- If you purchased Micron common stock during the Class Period, you may be entitled to compensation.
- The lead plaintiff is the representative party in the class action lawsuit.
- The outcome of the lawsuit could impact Micron Technology, Inc.’s reputation and investor confidence.
- The outcome of the lawsuit could have implications for the broader technology industry.
